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The Entrepreneur’s Source Helps You Achieve YOU 2.0® by Analyzing the Dangers, Strengths and Opportunities

At the beginning of the year, we all look for ways to transform and become better. Hey, isn’t that why we make New Year’s Resolutions. While nearly 40 percent of Americans start the year off by making a New Year’s Resolution, only 8 percent of those individuals actually achieve the goal they set for themselves.

While many of us strive to become autonomous in our employment, we oftentimes fall into the trap of staying unhappy in our careers due to fears of taking a leap and making a change. If you’re unsatisfied in your current career and are looking to turn your employment situation around, 2016 can and should be the year that you transform from You 1.0 to YOU 2.0®. Make this year’s New Year’s Resolution to achieve YOU 2.0® and move from Employment to Empowerment®.

In 2016, you can achieve YOU 2.0®. by setting clear goals for yourself. Are you unsure of where you should start? Below The Entrepreneur’s Source® will explain how you can begin your journey to YOU 2.0®. by analyzing the Dangers, Strengths and Opportunities that come with achieving self-sufficiency.

DangersThese are the thoughts and ideas that keep you up at night, the obstacles, stressors and issues that are currently facing you or what may face you in your future. Dangers make an individual feel as if they have no control over their destiny and often discourage an individual from following through the goal that they have set for themselves. Some common dangers that people are concerned about include:

How long will I be able to keep my current job?

Are my skills transferrable?

Is my age a limitation in my career?

Do I have the ability to build the wealth and equity for my family?

The dangers you face should not paralyze you, there are ways to be proactive and overcoming these circumstances. Each individual has the power to take control of his or her career, aligning yourself with a coach and empower you to see beyond your current blind spots, and empower you to overcome these perceived roadblocks.

StrengthsThese, in short, are what you’re considered well at: Your talents, capabilities and skills. These are what you should capitalize on when creating YOU 2.0®. because they can act as the tools to achieve your dreams. Start by asking yourself what you believe your strengths are with these guiding questions:

Do you have an immaculate work ethic?

Are you adaptable and resilient when it comes to change?

What transferrable skills do you possess?

Are you possibilities focused?

There are dozens of questions that an individual can ask themselves to determine what his or her unique strengths are, and ones above should only be a starting point. When looking into your strengths, don’t wallow in your weaknesses because dwelling on these can hold you back from self-sufficiency. Instead, focus on the positive.

OpportunitiesThese are the circumstances and possibilities that get you excited and motivated to make a change. It’s not always easy to see what possibilities are out there because dangers sometimes overshadow the opportunities, but you can overcome this by focusing on what you want in your future, not what will stop you from getting there. Some opportunities that an individual can focus on include:

Your hunger to create the lifestyle of your dream

Your desire to spend more time with your friends and family

Your yearning to become financially independent

Your aspiration to become more passionate about your career.

It’s easy to get inspired by the opportunities that stand before you, because in reality they are endless. By writing down the most important ones to you, this can help you become more driven to actually set a pathway for you to accomplish them.

Achieving YOU 2.0®. is a process and may take some time, but by starting the transformation by identifying your Dangers, Strengths and Opportunities as the first step in the process, by the time 2017 rolls in You 1.0 can be long gone.

Many people confuse franchise business coaching with franchise consulting or brokerage, and this misunderstanding can cause many people to miss out on the power of what a franchise coach can do for them. Business coaching is a more empowering experience for individuals looking to change career paths compared to having a consultant or broker try and sell you on a specific prospect. It’s a coach’s job to help you keep an open mind during the entire process.

“Business coaching is about listening to and looking at the individual client’s goals, needs and expectations, and then allowing them to discover business opportunities in a safe space,” said the founder of The Entrepreneur’s Source Terry Powell.

The Entrepreneur’s Source Coaching AdvantageThe Entrepreneur’s Source has refined their coaching method over their 30 years of success in the industry, and an E-Source coach doesn’t try to sell you on the opportunity, but rather collaborates with you to help you find a venture that will lead you to your goals and that you can be passionate about.

“Coaching means helping somebody see a possibility that they could not see themselves,” said The Entrepreneur’s Source Brand Manager Tamara Loring. “There are many days when we believe in our clients’ dream more than they do themselves. Our coaching process allows for a client to realize and believe in his or her potential because we tap into their motivators. We are there to hold them accountable to not giving up on their dreams.”

What a Coach Brings to the TableToday The Entrepreneur’s Source reviews three abilities that business coaches bring to the table to help their clients in their search for business opportunities that are right for them.

An Insider View of the Franchise Industry:

Coaches at The Entrepreneur’s Source are knowledgeable in all aspects of franchising sector, so working with an alternative career coach can give you an educational foundation of the industry. Coaches can provide you with Franchising 101 to help you gain an understanding of the workings and makings of the franchise industry, such as the various models of franchise businesses and varying industries within franchising. This can help you become knowledgeable of the industry, helping you decide if it is the right fit for you.

Personalized Business Opportunities:

You may think that you know what you want your future to look like, but you may not know how to get there. An alternative career coach can get you to that point. Each coach works with their clients to take his or her vision and apply it to his or her background and skills to help find the right opportunity to meet your I.L.W.E. Goals. A coach can help you find a business that sparks a passion in you that you didn’t even know you had.

A Network of Ongoing Support

Coaching is a journey that each alternative career coach embarks on with his or her client. The process extends from the initial stages of learning about the client to the intermediate periods of going through The Discovery Process and defining Goals Needs and Expectations to ultimately identifying a franchise match. However, once a candidate is matched doesn’t mean that the collaboration is complete. Even after a client has taken the leap of faith by choosing a franchise to invest in, coaches remain actively involved and supportive throughout the entirety of the process.

A large number of alternative career coaches stay in contact with their clients even after they become franchisees in order to make sure they’re not only successful but fulfilled in their business.

Have you ever pondered the question, “would I make a successful entrepreneur?”

Well, you’re in luck, because today The Entrepreneur’s Source reviews what traits prospective entrepreneurs should look for in themselves when determining if entrepreneurship through franchising is the right fit for them.

The Top 5 Traits for Entrepreneurs to Possess

1. Self-motivation: Are you the type of person who sees the glass half full or half empty? If you’re on the pessimistic side and see the world as being against you, you may not have the right mindset to embark on an entrepreneurial journey. However, if you tend to be more of an optimist and are motivated by obstacles that may stand in your way, then entrepreneurship is probably a great fit for your future. Possessing an abundance perspective, or looking at the opportunities rather than the potential setbacks, is necessary for all entrepreneurs to possess in order to motivate themselves from within.

2. Recognizing weaknesses: Possessing the ability to not only recognize your strengths but also your weaknesses is the sign of an individual with business ownership potential. Admitting to the things that you don’t know or what you may not is a good first step in looking to grow as an individual. When an individual can recognize their weaknesses, then they also will recognize the importance of asking or hiring out for help.

3. Willingness to develop: An important part of owning a business is having the ability to recognize when to change courses when something isn’t working. A willingness to put the business before yourself and your desires is key. A business tends to grow by changing, and an entrepreneur should follow this same path.

4. Decision-Making. Time is money, and when an entrepreneur has both limited time and money, they need to have superior decision-making skills and the ability to prioritize tasks. Entrepreneurs should possess the ability to be intentional, which may sometimes mean completing tasks that aren’t necessarily fun but the ones that have to get done for the business to thrive.

5. Understanding risk and return: Risk-taking may not be human nature, but it should come easy for prospective entrepreneurs. There are many risks that come along with franchise ownership, such as getting a bank loan, taking out some of your retirement funds or taking out a home equity loan. However, people made for entrepreneurs can take these risks because they understand the future return. The best entrepreneurs understand that if you want a reward or a better quality of life, then you may have to take some calculated risks to get there.

Entrepreneurship may not come naturally to all, but that doesn’t mean that all people don’t have the ability to become a successful entrepreneur. Luckily for those individuals who may not currently possess all of these qualities, all five of these traits can be acquired over time with a little bit of work. Remember, the best individuals grow by implementing change. It all comes down to recognize your weaknesses, and then working on turning these into strengths.

Over the past 10 years, many individuals have started to question their financial future and in turn have initiated a reallocation and shift of their investments. In the following segment, The Entrepreneur’s Source Terry Powell shares tips on how an individual can rearrange his or her reactive investments into more proactive investments, such as through business ownership or franchising. As he explains, a business is a proactive investment individuals can put their resources into and have much greater control over their return, as they are not completely dependent on the stock market or other factors out of their control.

Terry Powell’s 5 Tips for Proactive InvestingDo you want to reorganize your assets and savings, but aren’t sure where to begin? The Entrepreneur’s Source franchise has defined our top five tips for smart investing to help you begin to take control of your investments and turn them into more proactive investments.

Have a clear plan: Before investing in anything, an individual should ask themselves why they are choosing that specific venture. People sometimes lose sight of their end goal, so The Entrepreneur’s Source believes that people considering entrepreneurship should start by asking “why,” and continue remembering “why” throughout the process.

Diversification is crucial: Putting all of your eggs in one basket may turn out to be a recipe for disaster. Instead, investors should vary their portfolios with both passive and reactive investments in order to safeguard against losing control of their return.

Pick Proactive: Rather than choosing a group of reactive investments, transfer a share of your portfolio into a proactive investment, such as a franchise. This will allow an individual to gain some control over their return and not rely as much on the stock market or other factors that he or she is not in control of.

Put emphasis on long-term goals: Investors should determine their desired Income, Lifestyle, Wealth and Equity (I.L.W.E.) goals and keep these in mind at all times. Establishing one’s L.W.E. Goals can help to create a framework for growing a successful business and looking at what you want it to achieve for you in the long-term.

Seek help: Chances are that this might all be new to you, so enlisting in an alternative career coach at The Entrepreneur’s Source can be a great first step in overcoming Battered Investor Syndrome. An E-Source coach can help keep your on track while also providing you with objective advice and support along the way.

The Entrepreneur’s Source Reviews How to Overcome Battered Career Syndrome®

For many Americans, thinking about retirement instills a sense of anxiety. According to a study by Wells Fargo, nearly half (48 percent) of middle-class Americans in their 50s report that they don’t believe they have enough money to “survive” once retired. Similarly, a surprising 19 percent of these respondents report having saved no money for retirement at all.

Due to this issue and the constantly changing American economy, workplace satisfaction surveys point an even glummer employment picture, translating into an epidemic of Battered Career Syndrome. Today, The Entrepreneur’s Source reviews Battered Career Syndrome and how Americans can overcome it through franchise ownership.

What is Battered Career Syndrome®?Individuals who face Battered Career Syndrome face little to no job security and high employee turnover. Many of these people have been through two, three, or four jobs within just a short period of time while others have been out of a job for six months or longer. Because these individuals have been out of work for an extensive time or have bounced from position to position, it has become increasingly harder for them to find opportunities.

Founder of The Entrepreneurs Source® Terry Powell explains that Battered Career Syndrome is a common reality for many American employees.

“Battered Career Syndrome® means being subjected to the frustration of turning to the next career path in the company you work for, and then being downsized, right-sized or let go, and then having to start over again,” said The Entrepreneur’s Source Terry Powell. “It is when you find out your job has been outsourced, disappeared, or that the company has cut back. Battered Career Syndrome® is something that exists in a very large percentage of employment situations today.”

Although the American economy and job market may be forever changed and although Battered Career Syndrome® paints a gloomy picture for the future of American employment, there is a way to overcome it: Franchise ownership.

The Battered Career Syndrome® Solution: Franchise OwnershipThe New Career Economy® has been a progression over several years, and has not only created a change in the job market but also in the way people are reacting to it. For those individuals suffering from Battered Career Syndrome® and have had enough with The New Career Economy® , then franchise ownership may be a viable solution.

Franchise ownership allows individuals to become self-sufficient and to move away from depending on the job market for employment and career satisfaction. When an individual decides to invest in a franchise opportunity, then they are choosing to step up and take control of their professional calling. Rather than having someone dictate their professional future, they are taking a hold of it themselves.

How The Entrepreneur’s Source® Can HelpMany individuals looking to move from Employment to Empowerment® and ridding themselves of Battered Career Syndrome don’t know where to start. These individuals are encouraged to consult with an alternative career coach to help them through The Discovery Process.

Consulting with a coach at The Entrepreneur’s Source® can help people examine Battered Career Syndrome from a different perspective and understand there are other opportunities to overcome it. The Entrepreneur’s Sources works with individuals wanting to take control of their professional and personal future to realize and achieve their Possibilities, Options, and Dreams (POD). Franchise coaching helps people move into an environment where they can take control of their professional future. A Business Coach can walk prospective business owners through the Discovery Process to recognize the right franchise opportunity that meets their individual Income, Lifestyle, Wealth and Equity (I.L.W.E.) Goals.

Among many other things, coaches at The Entrepreneur’s Source help prospective franchisees

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Testimonials

Creating a self-employment opportunities is not easy, and it is quite scary, especially for some of us who have enjoyed cushioned jobs, good pay and great benefits. After I lost my job during company layoffs, I had attended business startup and franchise presentations led by a coach from The Entrepreneur Source. He provided a wealth of information and resources, but more important, real data and examples from his own experience as a franchise owner. (more…)

Goran Markinovic

“After twenty+ years working in corporate Human Resource roles across multiple geographies I woke one morning feeling that I was no longer revved up to continue in the same rat race that I had chased for the last twenty something years. I had to find something more rewarding, more challenging, more engaging and more provocative than the day to day grind. I wanted to own my business but I didn’t know where to start. (more…)

Jonathan Jenswold

I first met my coach when I was in transition after a long corporate career and considering the start of my own business. Throughout the process of considering a franchise he was always encouraging, thoughtful, thorough and patient. He does keep the process moving forward, has a good sense of urgency, and even keeps things light with a great sense of humor.

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For over 30 years The Entrepreneur’s Source has provided thousands of people with the answers and the opportunities they needed to improve their lives. Our discovery and education-based method of franchise and business coaching allows our clients to discover....Read More